It looks as though Nintendo just can’t catch a break this decade, having just reported its third straight full year of losses. For fiscal 2013, Nintendo had an operating loss of $457 million and net loss of $228 million as sales of its Wii U continue to sputter in the marketplace.

Even more disappointing is that the operating loss figure is actually worse than the already reduced forecast that Nintendo gave back in January. At the time, Nintendo forecast fiscal year operating losses of $394 million.

Since its lukewarm introduction in late 2012, Nintendo has only managed to sell 6.17 million Wii U consoles. Nintendo was only able to sell 2.72 million Wii U consoles during fiscal 2013.

For comparison’s sake, Sony managed to sell 6 million of its pricier PlayStation 4 consoles in just four months.

Nintendo acknowledges that it “still faces a challenging sales situation

While everyone enjoys playing Mario Kart and Smash Bros, I don't think either of them are titles that will sell any significant amount of systems. It's not a lack of games that cause the system to not sell, it's the lack of a decent system.